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treasury futures

Treasury Basis Trade Explained: Repo, Leverage, Risk

September 12, 2026June 22, 2026 by Bruno
Treasury Basis Trade Explained: Repo, Leverage, Risk

How the Treasury cash-futures basis trade actually works: repo-financed long bonds, short futures, the convergence math, and why hedge funds risk $1T+ on it.

Categories Market Education Tags capital markets, financial stability, hedge funds, repo market, treasury basis trade, treasury futures

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